Accenture recently announced that it has signed an agreement for the acquisition of Knowledgent. The acquisition will enable Accenture to expand its data management abilities that enable companies to attain deep insights into their businesses and customers.

Accenture noted that it has persistently encouraged innovation in data services by the means of investments in highly skilled data specialists, leading platform and industry data capabilities, and machine-led solutions, thus helping clients move to data-powered intelligent enterprises. Knowledgent enables enterprises to optimize their data’s value and build competitive advantage by implementing innovation with the aim to better manage data, leveraging leading data technologies as well as considerable experience in the healthcare, financial services, and life sciences industries.

Knowledgent said that the increase in both volume and availability of data is driving the world. It added that the joint abilities will help them to build more exhaustive end-to-end data management solutions, starting from architecture, system integration, and data strategy to managed services.

Bhaskar Ghosh, Group Chief Executive, Accenture Technology Services, said, “We are in the midst of a data revolution, powered by new technologies. Enterprises are using data to gain deep insights into all aspects of their businesses and customers, and build a strong competitive advantage to gain market share. With the acquisition of Knowledgent, we can accelerate our data services to clients, using Knowledgent’s top-notch talent, industry experience and proven data solutions.”

Accenture, a global professional services company, offers a wide selection of solutions and services in consulting, strategy, technology, operations, and digital. It brings together unparalleled experience as well as specialized skills across over 40 industries and all business functions — driven by the largest delivery network in the world. The company operate at the convergence of business and technology to enable clients to enhance their performance and build sustainable value for their stakeholders. The company employs 469,000 individuals across more than 120 countries worldwide.

Source: Readitquick